Abilene, TX—79603
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Abilene, TX
As of Oct '25, the median home price in Abilene, TX is $129,000, with a year-over-year change of -4.5%. This indicates that home prices in Abilene, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $129,000 | -4.5% |
| Single Family | $129,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $98,000 | -5.8% |
3 Bed | $153,000 | 0.0% |
4 Bed | $183,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Abilene, TX
As of July '25, Rentcast reports the average rent in Abilene, TX is $1,130, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Abilene, TX is studios: $750, 1-bedrooms: $746, 2-bedrooms: $1,080, 3-bedrooms: $1,330, 4-bedrooms: $1,660. The most common rental property sizes in Abilene, TX are 3-bedroom and 2-bedroom, accounting for 47.1% and 22.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,130 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $695 | $746 |
| 2 Bed Rent | $1,020 | $1,080 |
| 3 Bed Rent | $1,350 | $1,330 |
| 4 Bed Rent | $1,600 | $1,660 |
% of Rental Stock
Property Listings — Abilene, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Abilene, TX is 60. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | 5.0% |
Listing Count | 75 | -10.0% |
| Listings as % of Homes | 0.6% | -10.0% |
Days on Market | 60 | -1.0% |
Demographics — Abilene, TX
As of the latest ACS Survey released in 2023, Abilene, TX has a population of 23,900, which has increased by 3.5% over the past 5 years. Abilene, TX is a popular place for families, as children make up 28.0% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,900 | 3.5% |
% Under 18 | 28.0% | 0.4% |
% Seniors | 14.7% | 8.1% |
% WFH | 6.2% | 55.0% |
% w/ College Degree | 17.1% | 21.3% |
As of the latest ACS Survey released in 2023, Abilene, TX is a predominantly hispanic area, with 48.5% of the population identifying as hispanic. The hispanic population has grown by 11.5% in the last 5 years. The second most common race or ethnicity in Abilene, TX is white, making up 39.7% of the population. Foreign-born residents account for 8.9% of the population in Abilene, TX, and this percentage has increased by 1.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.7% | -10.2% |
% Black | 8.4% | -20.8% |
% Hispanic | 48.5% | 11.5% |
% Asian | 0.8% | -46.7% |
% Foreign Born | 8.9% | 1.1% |
Mortgage and Risk — Abilene, TX
According to HUD data as of 2023, there were 257 mortgage originations in Abilene, TX, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Abilene, TX. Investor activity is low, as 11.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 257 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 11.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Abilene, TX
As of 2024, the percent of homes in Abilene, TX under the Section 8 program is 15.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Abilene, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 718 |
Total Units Section 8 | 534 |
% Rentals under Section 8 | 15.3% |
% Occupied Section 8 | 85.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $185 | $695 | $880 |
| 2 Bedroom | $100 | $1,020 | $1,120 |
| 3 Bedroom | $110 | $1,350 | $1,460 |
| 4 Bedroom | $160 | $1,600 | $1,760 |
Affordability — Abilene, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $129,000 |
| Median Household Income | $53,600 |